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20130228
Search Results 0 to 5 of about 6 (some duplicates have been removed)
joseph ratzinger was touched by the charges of child abuse in the catholic church. bill: what happens next on the dates that are aren't? >> reporter: he's leaving february 28, 8:00 p.m. local time in rome. that leaves that very important vacancy and sets up a conclave of cardinals. vatican says by mid-march at the latest. vatican says we should have a new pope by esther sunday march 31. pope benedict will not take part in the conclave. usually a conclave happens after a pope dies. 1415 was the last time a pope quit in office. who is the next pope? he could come from developing areas of the world. it guarantees a lot of drama and a lot of black or white smoke coming from the roof is sistine chapel. march report concerns about the pope's health surfaced this past christmas eve. have it can watchers say he looked frail as he delivered the midnight mass. here he is riding in a motorized cart. the mass is moved up two hours to give the pope time to rest for the christmas day speech. he took the opportunity to urge peace in the middle east during the holidays and was looking rather frail at
've understood that pope benedict the xvi, joseph ratzinger, soon to be pope emeritus is incredibly sensitive and kurt tee just an courteous. people have come to appreciate and feel for him maybe more than they had during the years of his pontificate, jon. jon: as the helicopter prepares to liftoff let's listen to the peeling of the church bells as this pope prepares to say goodbye. [bells ringing ] jon: what a view, when the last pope resigned 600 years ago he didn't depart by helicopter as bill herm pointed out. we have air to air shots covering every move of the current pope east spends his last couple of hours in office heading to a temporary retirement in castle gandolfo a few miles from rome and eventually back to the vatican at well a convent apartment that is being renovated for him now. jenna: the ride itself, the helicopter trip between the vatican and castle gandolfo is supposed to take 15 minutes or so. what a trip it is, by the images we have of the land of rome, quite moving images whether you're watching it from this point of view or in side the helicopter as well. we have a se
's a great statement about the humility of joseph ratzinger, as he will become at the moment of his abdication once again. and in a strange way, this is his last great service to the church. he wants the church to have the kind of strong leadership that it needs. as i understand it, the process will unfold rather much like the process would unfold had the pope died except for the fact that the cardinals will obviously now be gathering in rome in the weeks before february 28th so that they can enter the conclave immediately on the abdication of the pope and begin the process of choosing his successor, which could take several days or several weeks. >> for those who are not familiar with this process, the papal conclave will be convened and require a tw-thirds majority among the cardinals to elect a successor? >> that's correct. and one thing about the timing of this that is interesting is that the college of cardinals is now just about as full as it can be. the maximum number of the electors is set at 120. i think we're almost there right now. so, this will be the largest conclave in
. what has struck me in the 25 years i have known the man who will return to being joseph ratzinger, is the simplicity of his soul. this is a thoroughly convinced christian believer who happens to be one of the smartest people in the world who speaks six or seven languages with complete flewency, who knows the history of biblical religion from "a" to "z." who never wanted to be an executive, a manager, who always thought of himself primarily as a scholar. but who somehow could translate all of that learning into beautiful simplicities about god's love for the world and for god's people. >> and, george, even as we honor the service of this pope, we look forward to the election of a new pope. and tell us about this process. i mean, is this a sort of thing where, for lack of a better term, there are front-runners? >> there will be an enormous amount of ink spilled in the italian press over the next two weeks about front-runners. most of that would be silly. there are a number of cardinals who fit what would seem to me to be the profile. first of all, a man in full physical vigor. that
, after eight years, formal cardinal joseph rat ratzinger retires as pop. as we continue to see what the conclave will do as we search for his successor as the entire world watches what is happening with him. >>> got some breaking news out of the new york fed. a hard right turn here to steve liesman. >> why does this always happen to me, carl? >> hard to follow the pope, my man. >> exactly. let me do my best. the new york fed reporting that total consumer indebtedness rising a scant 3% to 11.3 trillion. housing debt was flat. it was a small gain but the first gain we've seen since the first quarter of 2011, that was thought to be a bit of a statistical anomaly. so maybe this is the first real gain. let me show you what rose. auto loans up 15 billion. credit cards up 5 billion. the perennial student loans up 10 billion and they have been rising quite a bit. delinquencies are quite high. all delinquencies declined except for student loans and they were up almost 12% and probably because of a whole bunch of different reasons, carl, they could be twice as high as that. carl, back to you.
Search Results 0 to 5 of about 6 (some duplicates have been removed)